STORY: Tanzania welcomes more Chinese investors to support industrialization drive
DATELINE: Sept. 26, 2023
LENGTH: 0:02:30
LOCATION: DAR ES SALAAM, Tanzania
CATEGORY: ECONOMY

SHOTLIST:
1. various of the forum
2. SOUNDBITE (English): CHEN MINGJIAN, Chinese Ambassador to Tanzania

STORYLINE:

Tanzanian Prime Minister Kassim Majaliwa said on Monday the country has opened its doors wide for more Chinese investors to support the East African nation's industrialization drive.

"Tanzania is ready to do business with you, our doors are wide open," Majaliwa assured Chinese investors when he closed a one-day China Tanzania Investment Forum Zhejiang (Jinhua) -Tanzania Trade and Investment Conference held on Monday in Dar es Salaam.

He added that Tanzania has a conducive business environment, politically sound economic policies, macroeconomic stability, abundant natural resources, a relatively educated labor force, and a sizeable and captive market because of the country's unique geographical location.

The forum attracted over 100 economic and trade representatives led by the China Council for the Promotion of International Trade (CCPIT) Zhejiang Provincial Committee and the Jinhua Municipal People's Government, also in Zhejiang Province, east China.
   
Chen Mingjian, the Chinese ambassador to Tanzania, said Tanzania, as one of the fastest-growing economies in Africa, has made attracting investment and foreign capital a crucial economic policy goal.
   
SOUNDBITE (English): CHEN MINGJIAN, Chinese Ambassador to Tanzania
"Chinese companies view Tanzania as a place for mutual development and growth, many Chinese companies have established an essential production base in Tanzania, exporting products to various African countries, creating over 150,000 jobs in Tanzania, and generating significant foreign exchange."

Xinhua News Agency correspondents reporting from Dar es Salaam, Tanzania.
(XHTV)